NYSE$BN
Brookfield Corp · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Brookfield Q1 2026: $18.6B revenue, distributable earnings $1.55B ($0.66/sh); fee-related earnings $772M
Brookfield Corporation reported Q1 2026 consolidated revenues of $18.58 billion, up from $17.94 billion in Q1 2025. Net income was $1.04 billion versus $215 million a year ago, while net income attributable to shareholders was $102 million ($0.03 per share). On Brookfield's primary non-IFRS metrics, distributable earnings rose to $1.55 billion ($0.66 per share) from $1.55 billion ($0.65), and distributable earnings before realizations increased to $1.39 billion ($0.59 per share) from $1.30 billion ($0.55). Asset Management fee-related earnings grew to $772 million from $698 million on higher base management fees and fee-bearing capital of $614 billion (+$11.1B in the quarter). The company raised $67 billion of capital ($23B for investment strategies, $44B insurance), closed the Just Group acquisition bringing insurance assets to $180 billion, deployed $53 billion across the business, and repurchased over $1 billion of BN and BAM shares.
- Q1 revenues of $18.58B (+4% YoY); net income $1.04B; distributable earnings $1.55B or $0.66 per share.
- Fee-related earnings rose to $772M from $698M; fee-bearing capital reached $614B with $67B of uncalled commitments.
- Raised $67B of capital and invested $53B; insurance assets grew to $180B after closing Just Group.
- Operating businesses generated solid cash flow growth; BN shares traded at $40.47 vs. $34.94 a year ago.
- Plans to combine Brookfield Corporation with its Wealth Solutions business to simplify structure and enhance capital efficiency.
Headline financials
Revenue & EPS history
Brookfield · Revenue · Quarterly
$18.6B
Revenue by segment
Brookfield · $1.54B total across 3 segments · Q4 2024
- Asset management DE$684M—44.4%
- Wealth solutions DE$430M—27.9%
- Operating businesses DE$426M—27.7%
Forward guidance
Management expects to seek board approval to combine Brookfield Corporation with its Wealth Solutions business at July 2026 shareholder meetings, unlocking roughly $145 billion of excess balance-sheet capital for insurance growth. The company remains active with nearly $200 billion of deployable capital and is evaluating similar simplification for its infrastructure and energy listed entities.
Tailwinds
- Strong capital raising ($67B) and deployment ($53B) with fee-bearing capital up $11.1B in the quarter.
- Wealth Solutions combination expected to improve capital efficiency and support long-term insurance expansion.
Headwinds
- Private credit sentiment and retail redemptions may slow fundraising for private wealth strategies near term.
- Macro volatility and trade disruptions create uncertainty despite Brookfield's focus on essential real assets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+0.2%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.9%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+4.9%
Q2 2023
Best reaction
-6.7%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -4.6% | — | |
| Q4 2025 | +2.3% | +2.5% | -17.7% | |
| Q3 2025 | -6.7% | +0.7% | +1.8% | |
| Q2 2025 | -3.9% | +2.9% | +1.2% | |
| Q4 2024 | +4.4% | +1.8% | +0.9% | |
| Q1 2025 | +3.2% | +6.2% | +5.4% | |
| Q2 2024 | +2.7% | +6.1% | +7.5% | |
| Q1 2024 | +1.5% | +1.5% | -5.6% | |
| Q4 2023 | +1.5% | -1.7% | +4.8% | |
| Q3 2023 | +1.0% | +7.0% | +11.6% | |
| Q2 2023 | +4.9% | +1.9% | +3.8% | |
| Q1 2023 | -2.4% | -2.9% | +1.5% | |
| Q4 2022 | +0.6% | -0.7% | -18.5% | |
| Q3 2022 | +1.8% | +2.8% | +17.5% | |
| Q2 2022 | -0.5% | +0.4% | +11.1% | |
| Q1 2022 | -1.8% | +1.0% | -13.5% | |
| Q4 2021 | -0.2% | -4.5% | -12.1% | |
| Q3 2021 | +0.3% | +1.7% | +13.2% | |
| Q2 2021 | -2.8% | -2.1% | +2.9% | |
| Q1 2021 | -1.9% | +0.1% | +0.5% |
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